Help you grow internationally

When businesses make the shift from domestic to international to multinational organisations, it’s not just the structure of the business that comes under pressure.

Those in leadership positions must adapt and bolster their competencies to meet new challenges. Whether it’s dealing with teams in multiple locations, managing cross-cultural issues or sustaining growth in new territories, leaders face more significant pressure when they go global.

57% of business leaders believe that the mindset they bring to this challenge will determine their success, according to our own IBR research. Here, Grant Thornton advisers give their views on the critical qualities required of leaders to manage growth in new markets.

Mr Nguyen Chi Trung, CEO & Managing Partner, Grant Thornton Vietnam, says:  “When businesses make the shift from domestic to international organisations, it’s not just the structure of the business that comes under pressure. Those in leadership positions must adapt to meet new challenges. Those with previous international experience, and an understanding of the local language and culture, will have an advantage. In addition, getting involved with corporate social responsibility activity is usually welcomed, it provides a good opportunity to get to know the new market and it’s great for developing the brand in the longer term.”

Here is a video and insight from Grant Thornton advisers giving their views on the qualities required of leaders to manage growth in new markets.

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